ECONOMICS

Economics.jpg

YEAR 12 STUDENT

The open-minded discussions and the freedom of speech we have in the sociology class is unlike any other. It is the fact that we discuss everyone’s point of view and everyone’s point of view gets to be portrayed with no judgement. These discussions help us to remember the lesson more as well as helping us to understand the subject and all the different opinions.

WHY STUDY ECONOMICS?

A Level Economics is by far one of the most highly respected subjects by employers and the best universities in the world due to its reputation in developing outstanding talents in problem solving, analytical skills and interpretation of both qualitative and quantitative data. It offers students the platform to think outside the box and be creative in their efforts to finding innovative solutions to some of the most complex issues facing the world, be it reducing poverty or environmental problem. It equips learners with the ability to debate effectively, construct arguments using key evidence and come to a meaningful conclusion.

COURSE CONTENT

The Operation of Markets and Market Failure

This unit looks at assessing different ways firms and consumers can allocate scarce resources efficiently. It also offers opportunity to discuss the implications of government intervention in markets.

 

National and International Economy 

This unit looks at analysing economic performance of the UK against the rest of the world as well as finding innovative solutions to complex macroeconomic issues such as unemployment, inflation, income and wealth inequalities, recession, trade and budget deficits, and reducing national debt.  

Economic Principles and Issues

This unit looks at bridging micro and macroeconomic issues in paper1 and paper2. It offers learners the flexibility to demonstrate in depth understanding and application of micro and macroeconomic theories. Students are expected to demonstrate they have read widely and can make excellent connection economics in theory and economics in practice.

RECOMMENDED RESOURCES:

  • Woman on the edge of time - Marge Piercy

  • Invisible Woman - Caroline Creado-Perez

  • Why I’m no longer talking to white people about race anymore - Renni Eddo-Lodge

  • The Clapback - Elijah Lawal

  • Skint Estate - Cash Carraway

  • CHAVS the demonization of the working class - Owen Jones

  • Natives - Akala

ASSESSMENTS

Exam Papers

Paper 1: Markets and Market Failure

2hrs (33.3%)

Paper 2: National and International Economy

2hrs (33.3%)

Paper 3: Economic Principles and Issues

2hrs (33.3%)

HIGHER EDUCATION ROUTES

Economics / Business / Accounting / Finance / Law / Politics / History / International Relations / Broadcasting / Media / Resource Management / Social Sciences

POTENTIAL CAREERS

Education / Economics, Business, Accounting and Finance, Law, Politics, History, International Relations, Broadcasting/Media, Resource Management and Social Sciences

EXAM BOARD: AQA

COURSE CODE: 7136

COURSE TYPE: A Level